Singapore Airlines 2011 Annual Report Download - page 195

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ANNUAL REPORT 2010/2011 193
2010-11 2009-10 2008-09 2007-08 2006-07
CASH FLOW ($ million)
Cash flow from operations 3,547.5 2,091.2 1,967.0 4,401.8 3,175.8
Internally generated cash flow R1 4,434.2 2,423.3 2,994.6 5,028.3 4,823.0
Capital expenditure 1,223.8 1,560.3 2,031.1 2,088.6 3,026.7
PER SHARE DATA
Earnings before tax (cents) 118.8 24.1 101.2 209.5 185.2
Earnings after tax (cents) - basic 91.4 18.2 89.6 168.5 172.6
- diluted 90.2 18.0 89.1 166.1 170.8
Cash earnings ($) R2 2.35 1.67 2.36 2.94 2.84
Net asset value ($) 11.89 11.30 11.78 12.77 12.11
SHARE PRICE ($)
High 16.50 15.94 16.34 20.20 18.00
Low 13.00 10.12 9.39 14.12 12.00
Closing 13.68 15.20 10.00 15.60 16.60
DIVIDENDS
Gross dividends (cents per share) 140.0 R3 12.0 40.0 100.0 100.0 R4
Dividend cover (times) 0.7 1.5 2.2 1.7 1.7
PROFITABILITY RATIOS (%)
Return on equity holders’ funds R5 7.9 1.6 7.3 13.6 14.9
Return on total assets R6 4.9 1.2 4.5 8.1 8.9
Return on turnover R7 7.9 2.2 7.2 13.4 15.2
PRODUCTIVITY AND EMPLOYEE DATA
Value added ($ million) 5,419.2 4,276.4 5,570.8 7,082.1 6,510.1
Value added per employee ($) R8 246,361 159,151 174,995 235,380 223,523
Revenue per employee ($) R8 660,308 472,918 502,491 530,859 497,662
Average employee strength 21,997 33,222 31,834 30,088 29,125
SGD per USD exchange rate as at 31 March 1.2602 1.4005 1.5203 1.3807 1.5171
R1 Internally generated cash flow comprises cash generated from operations, dividends from associated and joint venture companies,
and proceeds from sale of aircraft and other property, plant and equipment.
R2 Cash earnings is defined as profit attributable to owners of the Parent plus depreciation and amortisation.
R3 Includes 80.0 cents per share special dividend.
R4 Includes 50.0 cents per share special dividend.
R5 Return on equity holders’ funds is the profit attributable to owners of the Parent expressed as a percentage of the average equity
holders’ funds.
R6 Return on total assets is the profit after tax expressed as a percentage of the average total assets.
R7 Return on turnover is the profit after tax expressed as a percentage of the total revenue.
R8 Based on average staff strength.
FIVE-YEAR FINANCIAL SUMMARY OF THE GROUP